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Your ex-husband and you jointly own a home which he lives in He can't refinance and I don't want to be held responsible for the loan if he defaults How can you get your name off the loan?
Wiki User
∙ 15y ago
3 words: Sell the house.
Wiki User
∙ 15y ago
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Your husband and you are separated and he has a personal loan in his name alone that is secured by your jointly owned appliances and furniture Can lenders repossess jointly owned items if he defaults?
Yes.
Can I refinance a jointly owned home without the consent or signature of the other person who jointly owns the property and is also on the deed?
You can only encumber your own interest in the property. You cannot affect the co-tenant's interest in the property without their consent.
Your wife co signed for her son a loan if he defaults can they come after property she and you have jointly even though you did not co sign?
Short answer, yes. Even though you are on the property jointly, she is a responsible party on the cosigned loan. As such, she owns the cowned property same as you. If you own a car together, for instance, she owns as much of the car as you do. It is her car. It is still your car, but for the purposes of securing satisfaction for the eventual judgment on the other loan, she owns the car.
If your name is on the insurance card are you responsible for the bill too?
Yes. If your name is on anything you are jointly responsible for a bill and vice versa.
How do you file your income tax married jointly?
You can file your federal taxes jointly if you are married. Even if your spouse is unemployed, filing jointly means he or she is still responsible for any outstanding taxes due should you not pay.
Am I responsible for the car that I and she are on the title since she uses it only?
If you are on the title, it's your car and you are both jointly responsible for it. Unless, of course, its settled in the dissolution paperwork.
Is a spouse in Missouri responsible for the other spouses debt?
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
In Michigan is the wife responsible to pay fitness membership debt for her deceased husband?
No, not if the contract was not jointly made.
What is jointly debtor?
When more than one person can be held responsible for repayment of a debt then each is a joint debtor.
If you and your husband are joint tenants on credit cards are you responsible for the debts if he has passed away?
Yes. When an account is jointly held, all parties are equally responsible for the entire amount owed.
Can an individual be held responsible for a girlfriend's debt?
Only if the person were a joint debtor. If the person did not jointly incur the debt nor enter into a financial agreement as a cosigner he or she is not responsible for that debt.
Is your spouse responsible for your cable bill if you are not living together?
It depends almost entirely on the contract signed with the cable company. If your spouse has signed as being solely or jointly responsible for the charges then it is quite possible.
